India’s hospitality sector witnessed 15.8% year-on-year RevPAR growth in Q4, 2023: JLL

According to the report, the sector witnessed a significant growth of 31% in revenue per available room in Q4 2023, compared to Q3 2023.The fourth quarter saw consistent growth in average daily rates due to factors such as weddings, corporate and social MICE events, leisure travel, and year-end festivities, as per the report.
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